With two weeks to go, used iPhones flood the market

“The market for used iPhones is a funny thing,” Philip Elmer-DeWitt reports for Fortune. “It hums along steadily most of the year until, just before the launch — or, more accurately, the expected launch — of a new model, things go nuts. This year, more than ever.”

“According to a survey by Hanover Research, an unprecedented 48% of iPhone owners plan to trade up to whatever Apple has up its sleeve,” P.E.D. reports. “NextWorth saw average daily iPhone traffic jump 350% from the previous month. ‘That’s up from a lift of 182% last year, or almost two times the acceleration,’ NextWorth’s Jeff Trachsel told Computerworld. ‘There’s tremendous pent-up demand for a larger iPhone.'”

Read more in the full article here.

[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]


    1. I was wondering the same thing. I’m assuming they must have older (nearly worthless) devices just laying around that they can use in the interim, either by swapping SIM cards, or calling their provider and moving the number.

  1. Its smarter than that. They’re not selling their iphones! They’re selling their kids iPhones, and telling them to keep their pants on if they want a decent hand me down from Mom and Dad when Mom and Dad upgrade …

Reader Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.